Is Greenwood Village, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenwood Village is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Greenwood Village was a Seller's Market.

Key Takeaway

Greenwood Village is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Greenwood Village, CO

How much do homes in Greenwood Village, CO cost?

Median Sold Price

$1,339,000

$389/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$462,000(-25.7%)

Key Takeaway

Homes in Greenwood Village have sold for 25.7% less than they did a year ago.

Summary: The median home sold price in Greenwood Village was $1,339,000 in November 2024, down 25.7% from last year, and the median price per square foot was $389.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $339.5K$378.7K
+11.5%
2 $463.2K$430K
-7.2%
3 $1.4M$850K
-41.4%
4 $1.7M$1.5M
-11.8%
5+ $2.3M$2.0M
-9.9%

Summary: Greenwood Village housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.5%, 2 bedroom homes decreased by 7.2%, 3 bedroom homes decreased by 41.4%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes decreased by 9.9%.

Median Sold Price Compared To Nearby Cities

Southwest Arapahoe
-4.9%
Centennial
-5.2%
Englewood
-6.5%
Cherry Hills Village
-10.3%
Greenwood Village
-25.7%

Housing Supply in Greenwood Village, CO

How many homes are available in Greenwood Village, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6757-14.9%

Summary: The Greenwood Village real estate market had 57 homes for sale in November 2024, a 14.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 62
-66.7%
2 1412
-14.3%
3 66
0.0%
4 1111
0.0%
5+ 3026
-13.3%

Summary: The Greenwood Village housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 13.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
227-68.2%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenwood Village, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Greenwood Village in November 2024, down by 68.2% month-over-month. Of the 7 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Greenwood Village, CO

How long does it take to sell a home in Greenwood Village, CO?

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days60 Days+114.3%

Summary: Homes in Greenwood Village had an average of 60 days on market in Nov 2024, up by 114.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Greenwood Village are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 7 homes were sold in Greenwood Village; 43% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

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